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Jan 19, 2013
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then when the economy turns and it always turns, when that economy turns you have nothing in the pipe. and, people run you over out of the gate. >> reporter: but, not all innovation happens in multibillion dollar labs. here in manhattan's fashion district, www.ilikewhatyourwearing.com is trying to ignite a fashion revolution. started by olivia gossett, the website sells cutting edge clothing by rising designers. but, it's also an online magazine-- one that uses cute articles to sell products and foster those independent designers. >> i think we're opening up gateways in the industry for other people that otherwise wouldn't have a chance to make a name for themselves. you know you see the same dress on four different websites for four different prices from the same label and you're left kind of wondering isn't their more out there. >> reporter: ilwyw.com may not help cure for cancer, but it might create jobs. and, it's part of a push by new york city's borough president scott stringer to make the big apple a destination for start- ups. what he calls the innovation economy. >> how we ta
then when the economy turns and it always turns, when that economy turns you have nothing in the pipe. and, people run you over out of the gate. >> reporter: but, not all innovation happens in multibillion dollar labs. here in manhattan's fashion district, www.ilikewhatyourwearing.com is trying to ignite a fashion revolution. started by olivia gossett, the website sells cutting edge clothing by rising designers. but, it's also an online magazine-- one that uses cute articles to sell...
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Jan 22, 2013
01/13
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economy." >> how we take advantage of it will define the economic success of this city at a very interesting time in our history, after 9/11, post hurricane, dealing with infrastructure challenges and budget deficits. and we need to expand our tax base, and we need to take advantage of what's happening right now. >> reporter: exactly how we take advantage is ripe for debate, but most agree better education and visas for the scientists we train in the u.s. is a good start. and remember what i.b.m.'s myerson said about continuity-- it's just as important to a >> the moment you believe there is no danger of losing your edge is when it disappears on you. >> reporter: suzanne pratt, "n.b.r.," athe watson research center. >> susie: the u.s. needs to make structural changes to restore its competitiveness. that's the main conclusion of an extensive study on american competitiveness by harvard business school professor michael porter. when i talked with him, we began our conversation by discussing why
economy." >> how we take advantage of it will define the economic success of this city at a very interesting time in our history, after 9/11, post hurricane, dealing with infrastructure challenges and budget deficits. and we need to expand our tax base, and we need to take advantage of what's happening right now. >> reporter: exactly how we take advantage is ripe for debate, but most agree better education and visas for the scientists we train in the u.s. is a good start. and...
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Jan 17, 2013
01/13
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economy isn't picture perfect, but it is positive. today's beige book report showed signs of solid overall economic growth. each of the fed's 12 districts showed either "moderate" or "modest" growth, steady or expanding real estate activity, and some growth in consumer spending from december through the first week of january. but the fed noted job market conditions didn't change much. one reason companies are cautious about hiring, is they are worried about fiscal uncertainty in the u.s. and that uncertainty is growing as some republicans in washington argue for a narrow definition of what it means for the government to default. skipping payments on government bonds would be a default they say. but skipping payments for other government services wouldn't be. this debate could have real consequences, as darren gersh explains. >> reporter: next month, the u.s. government will owe $38 billion in interest payments on the debt it's sold to investors here and overseas. but the u.s. government will take in about $210 billion in tax revenues
economy isn't picture perfect, but it is positive. today's beige book report showed signs of solid overall economic growth. each of the fed's 12 districts showed either "moderate" or "modest" growth, steady or expanding real estate activity, and some growth in consumer spending from december through the first week of january. but the fed noted job market conditions didn't change much. one reason companies are cautious about hiring, is they are worried about fiscal...
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Jan 15, 2013
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a lot of the conditions in the economy are slow. it spending is to the really that great. so i don't know if the estimates are that achievable. i also think that yeah, better risk/reward in other sectors in the market. we're trying to advise our clients how to outperform the s&p. i think there is better opportuniy. within tech there are some things we like where recommending suck stocks for example. i think that is one economically sensitive area that the stocks haven't participated that much in the rally. >> susie: let's talk about the areas that have been telling your clients, morgan stanley clients which direction to go. you have three big themes for your clients. buy stocks with from american companies with exposure to china, positive on china. buy dividend paying stocks and you like very large stocks, what you call megastocks. why are these the themes for you? >> well, look, for china i think we identified late last fall that the u.s. companies with china exposure had really lagged the broader market and had gotten quite cheap. and the china economy started to stabili
a lot of the conditions in the economy are slow. it spending is to the really that great. so i don't know if the estimates are that achievable. i also think that yeah, better risk/reward in other sectors in the market. we're trying to advise our clients how to outperform the s&p. i think there is better opportuniy. within tech there are some things we like where recommending suck stocks for example. i think that is one economically sensitive area that the stocks haven't participated that...
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Jan 23, 2013
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chemical firm tempered expectations about its business due to the slow global economy. friday, g.e. said the outlook for developed markets remains uncertain even though the conglomerate got a nice earnings boost thanks to its emerging markets business. still, some market pros says most u.s. multinationals are fit enough to stay in the money. >> you know, our companies here in the u.s are pretty lean and mean. they've learned how to make money in a slow-growth environment. i don't think that's going to change, but probably earnings growth this year will probably be about 5% or even a little bit less than that. so, below the long-term average, certainly nothing to write home about. >> reporter: nothing to write home about, maybe, but enough to keep the s&p 500 in positive territory. >> i think, at the end of the year, the market is going to be higher than where it is now. our target for year-end 2013 is 1525 to 1575. so, you throw in a couple of percents for dividends, and, you know, that would be about a 10% year. so, we're expecting another good year. >> reporter: before we worry ab
chemical firm tempered expectations about its business due to the slow global economy. friday, g.e. said the outlook for developed markets remains uncertain even though the conglomerate got a nice earnings boost thanks to its emerging markets business. still, some market pros says most u.s. multinationals are fit enough to stay in the money. >> you know, our companies here in the u.s are pretty lean and mean. they've learned how to make money in a slow-growth environment. i don't think...
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Jan 15, 2013
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economy right now would you be willing to do that? would you accept that. he said i'm not interested in that to pick up on al's point, that sort of puts the president in a kind of precarious position because if he's not going to negotiate and he won't accept what congress can pass, then aren't we heading to a default situation? i don't think we are. i think the president is laying out some rather tough negotiating territory or maybe nonnegotiating territory right now to see where republicans in congress are willing to do, and if they will budge a little bit. right now it seems like we are both testing whether each side intends to budge. we've been through that process many times in the obama presidency. looks like another round as well. >> is the president missing something here al that he could or should do on behalf of the common good? >> it's pretty hard on this one, charlie because he's right on the debt ceiling. major history absolutely dead on. but the debt sealing is a fraud. a total fraud. shouldn't exist. people from alan greenspan to tim geithner
economy right now would you be willing to do that? would you accept that. he said i'm not interested in that to pick up on al's point, that sort of puts the president in a kind of precarious position because if he's not going to negotiate and he won't accept what congress can pass, then aren't we heading to a default situation? i don't think we are. i think the president is laying out some rather tough negotiating territory or maybe nonnegotiating territory right now to see where republicans in...
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Jan 15, 2013
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. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> thisrogram wasade possie byhe corporaon f public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: battle lines were drawn at either end of pennsylvania avenue today over the national debt and government spending. the opening shots came from president obama at his white house news conference. >> i thought it might make sense to take some questions this week as my first term comes to an end. >> brown: the questions were domited by the looming debt ceiling fight. the president sternly warned republicans not to balk at raising the nation's borrowing limit. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well being of the ameri
. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> thisrogram wasade possie byhe corporaon f public broadcasting. and by contributions to your pbs station from...
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Jan 23, 2013
01/13
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they come and talk to you about the economy and jobs. then they get there and people are finding that these laws are passed. many of which are outrageous and they don't accept. we saw that in virginia when there was outrage over the mandatory transvaginal ultrasound. womespontaneously showed up at e capital saying shop this nonsense >> ifill: your folks have said we're moving from talking about the baby to talking about the mother and talking about women. but if issues these personhood issues, these amendments and the transvaginal discussion that happened in virginia, how is that fit into your strategy? >> 's just funny for ncy to completely write off state legislators who are very close to the people. over the last few years we've had 2500 requests in 39 states for help to pass pro-life legislation. so there is a real vibrancy right now to looking at common sense kinds of solutions that fit where the american people are >> ifill: what happens at the ballot box when it's not being done by legislators? >> well i think it's a little dising
they come and talk to you about the economy and jobs. then they get there and people are finding that these laws are passed. many of which are outrageous and they don't accept. we saw that in virginia when there was outrage over the mandatory transvaginal ultrasound. womespontaneously showed up at e capital saying shop this nonsense >> ifill: your folks have said we're moving from talking about the baby to talking about the mother and talking about women. but if issues these personhood...
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Jan 19, 2013
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with an economy that can only be described as suffering and troubled. so he understands the politics of it. he knows that it is an uphill fight. but the reality is and police officers will tell you as well, police chiefs in particular, is it is the impulsive end. and it's the idea of multideaths at a time which is what a gun can do. i mean it's not-- we have changed the culture in this country as as far as smoking has concerned. when i was a pfc, cigarettes were $2 a carton. now it's $9 for a pack of cigarettes and there is a stigma. we don't see smoking in movies any more. we don't see that same level of social acceptance. i mean i think the culture is part of it, no doubt about it. >> if i could just one on the politics, i think the ambitiousness of the proposals was politically savvy. because it will allow a lot of senators from marginal areas who are swinging in the mid thrill to say well i'm not for the assault weapons ban, that's too far. but i am for some other things. and so i think they will chop off a few piece of the obama package. but it mig
with an economy that can only be described as suffering and troubled. so he understands the politics of it. he knows that it is an uphill fight. but the reality is and police officers will tell you as well, police chiefs in particular, is it is the impulsive end. and it's the idea of multideaths at a time which is what a gun can do. i mean it's not-- we have changed the culture in this country as as far as smoking has concerned. when i was a pfc, cigarettes were $2 a carton. now it's $9 for a...
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Jan 16, 2013
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on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, january 15. have a great evening, everyone. see you tomorrow, tom. hae a great evenin everye. and you, too, tom. >> tom:ood night, susie. we'll see you online at www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org
on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, january 15. have a great evening, everyone. see you tomorrow, tom. hae a great evenin everye. and you, too, tom. >> tom:ood night, susie. we'll see you online...
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Jan 16, 2013
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on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, jnuary 15. have a great evening, everyone. see you tomorrow, tom. have a great evening, everyone. and you, too, tom. >> tom: good night, susie. we'll see you online at www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org
on because financials are a significant sector in the overall market, and they have the pulse on the economy, in terms of housing, mortgages, hiring, and we watch that trading activity in the last quarter. >> susie: and we'll have all of those numbers tomorrow. that's "nightly business report" for tonight, tuesday, jnuary 15. have a great evening, everyone. see you tomorrow, tom. have a great evening, everyone. and you, too, tom. >> tom: good night, susie. we'll see you...
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Jan 23, 2013
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the only other thing i would say i think he needs to think about the economy even if it's beginning to recover there's still a problem for the manufacturing base not being here, for are kids not being trained correctly, for getting more jobs that are really good jobs for people here. there's a lot of ideas that have been put forth but they need to be focused in a certain way, the idea if you work hard you really can get ahead in this country just like people did in the old days. >> rose: i want to come back to that. michael. >> there are all sorts of reasons for optimism but since we're talking about history, one cautionary note. lbj at the beginning of 1965 i think bob will confirm this, said to his staff you may think i can do anything. big land lied, big democratic congress. actually i got six months because i'm going to ask members of congress to make sacrifices. they're going to start rebelling and it turns out much what we think was a great society was passed at the very beginning of that term. >> rose: what's the window of opportunity, is it a hundred days. >> six, maybe eight m
the only other thing i would say i think he needs to think about the economy even if it's beginning to recover there's still a problem for the manufacturing base not being here, for are kids not being trained correctly, for getting more jobs that are really good jobs for people here. there's a lot of ideas that have been put forth but they need to be focused in a certain way, the idea if you work hard you really can get ahead in this country just like people did in the old days. >> rose:...
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Jan 16, 2013
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they want to be a 21st century economy with a 20th century political system and we saw that right after we put the report out you suddenly had these demonstration i assure you we had no part in against censorship in china and one of the first major decisions made was the new prident was to gt out there and say the chinese communist party will not tolerate unorthodox situate in the press or in the media .. >> but i mean that is the fear it would undermine the power of the communist party. >> that's right. >> that was always the fear. >> and i think in an environment where you have hundreds of millions of chinese on twitter, that increasingly are learning their government officials are worth billions of dollars. >> rose: basically you are saying their fear is legitimate. >> i think their fear is legitimate, i don't think the country is going to fall apart. >> rose: butery rong protesmoveme that has legs could provide a challenge over -- >> that's right. and they are so unwilling to risk that, they are so unwilling to tolerate even a little that they are likely to do two things, first, it
they want to be a 21st century economy with a 20th century political system and we saw that right after we put the report out you suddenly had these demonstration i assure you we had no part in against censorship in china and one of the first major decisions made was the new prident was to gt out there and say the chinese communist party will not tolerate unorthodox situate in the press or in the media .. >> but i mean that is the fear it would undermine the power of the communist party....
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Jan 18, 2013
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." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. a... >>hisrogram was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: algeria's state news agency now says special forces have completed a mission to rescue dozens of foreign hostages, including some americans. they'd been held by militants tied to al-qaeda. but there are wildly varying accounts of how many got out alive, and how many were killed. >> because of the fluidity and the fact that there is a lot of planning going on, i cannot give you any further details at this time about the current situation on the ground. >> brown: even this afternoon, as secretary of state hillary clinton suggested, the situation in algeria remained confuse
." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. a... >>hisrogram was made possible by the corporation for public broadcasting. and by contributions to your...
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Jan 22, 2013
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we now have an economy not just on the verge of stability but on the verge of takeoff and you never get credit as president for what you kept from happening which would have been a depression and he knows he spent so much energy on that sand he knows in the midst ofit he got health care reform and that's kind of the negative to lots of people also. he goes in with some frustrations that are real and he articulates to his staff. >> let me go to lyndon johnson because i can remember people saying at the time of johnson that if they let him be himself-- doris you can jump in on this-- and let him have that sort of overwhelming personality that he would have been better off because he's seems unreal in his relationship to public. >> he's stilted on television but when you hear him on his tapes it's unbelievable. in this last book "the passage of power" he's losing eight to seven in the senate finance committee, he calls -- he needs three votes, he changes three votes in 11 minutes. and when you hear his voice, he says "i need your vote." rip kov says "i can't give it to you, i promised my c
we now have an economy not just on the verge of stability but on the verge of takeoff and you never get credit as president for what you kept from happening which would have been a depression and he knows he spent so much energy on that sand he knows in the midst ofit he got health care reform and that's kind of the negative to lots of people also. he goes in with some frustrations that are real and he articulates to his staff. >> let me go to lyndon johnson because i can remember people...
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Jan 17, 2013
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self-reliance that will be very help informal this era of underemployment and structural issues in the economy. >> you think the ipad is the most important new development since the i.b.m. p.c.? >> i do. >> rose: because? >> because it -- i'll start with if you lk at the ti of day the most common time of day for people to use their ipad is between 6:00 p.m. and when they go to sleep. when what is that known in your line of work? that's known as prime time. and it turns out the ipad isn't the second screen when people are watching t.v. for people over the age of 40, when they're in bed watching t.v. with their ipad, the ipad's actually the thing they're paying attention to and the t.v. is the background noise, if something happens they look up and look at it. why is that important? first of all could you have imagine five years a that there would be a product that would go from zero to 50 million yunz overnight and the single most common thing to do would be to read in the bed at night? a technology product? that was to me unimaginable five years ago. so i look at this and i wonder what is ther
self-reliance that will be very help informal this era of underemployment and structural issues in the economy. >> you think the ipad is the most important new development since the i.b.m. p.c.? >> i do. >> rose: because? >> because it -- i'll start with if you lk at the ti of day the most common time of day for people to use their ipad is between 6:00 p.m. and when they go to sleep. when what is that known in your line of work? that's known as prime time. and it turns...
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Jan 22, 2013
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. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: washington and the nation were witness again today to the quadrennial pomp and color of a presidential inauguration. it marked the public start to the second obama administration, and it featured presidential appeals to extend prosperity and full freedoms to all americans. as the sun rose over the nation's capital on this monday hundreds of thousands of people began descending on the national mall to witness the occasion. officials estimated 500-700,000 attendees. that was far fewer than four years ago when nearly two million turned out. but today's crowd gave no h
. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs...
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Jan 17, 2013
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. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the enginehat nnects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your bs station om viewers like u. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org
. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the enginehat nnects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation...
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Jan 21, 2013
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together we determined that a modern economy requires railroads and highways to speed travel and commerce, schools and colleges to train our workers. gether we discovered that a free market only -- and fair play. together we resolve that a great nation must care for the vulnerable and protect its people from life's worst hazards and misfortunes. through it all we have never relinquished, nor have we succumb to the fiction that all society's ills can be cured through government alone. our celebration of initiatives and enterprise, our insistence on hard work and personal responsibility, these are constant in our character. we have always understood that when times change so must we. that fidelity to our funding principles requires new responses to new challenges. our individual requires collective tion, the american people can no more meet the demands of today's world by acting alone than american soldiers that met the forces of fascism or communism with musicales and militias, no single person can train all the math and science teachers we'll need to equip our children for the future or b
together we determined that a modern economy requires railroads and highways to speed travel and commerce, schools and colleges to train our workers. gether we discovered that a free market only -- and fair play. together we resolve that a great nation must care for the vulnerable and protect its people from life's worst hazards and misfortunes. through it all we have never relinquished, nor have we succumb to the fiction that all society's ills can be cured through government alone. our...
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Jan 15, 2013
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i want to see our economy recover. i would like to see this -- stronger labor markets, fiscal policy address the issues that i mentioned. there are a lot of difficult issues out there. i do think things are moving, not as fast as we would like, but in the right direction. i am cautiously optimistic about the next couple of years. >> thank you. [applause]as i mentioned, i am sure that there are a great many questions that have already been shared with our presenters. let me turn the floor to them. quick thank you for your comments chairman bernanke. i am a masters student. the first question is this -- if treasury minted a trillion dollar platinum coin, with the fed have except did it -- accepted it? >> i am not going to give that any oxygen. as you probably know, the treasury and federal reserve -- the treasury issued a statement that we did not think this was the right way to deal with this problem. there are legal issues and policy issues. the right way to deal with this problem, as i said earlier, is for congress to
i want to see our economy recover. i would like to see this -- stronger labor markets, fiscal policy address the issues that i mentioned. there are a lot of difficult issues out there. i do think things are moving, not as fast as we would like, but in the right direction. i am cautiously optimistic about the next couple of years. >> thank you. [applause]as i mentioned, i am sure that there are a great many questions that have already been shared with our presenters. let me turn the floor...
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Jan 20, 2013
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economy stand on its own 2 fe? >> we only he 30 seconds. >> the private sector r is dominick, the district will be hurt by a ock lilining the federal dollars. -- flatlining the federal dollars. >> i wanto talk about tax credits. our number of the week, we will quantify how many washingn businesses are considered the best places to work. stay with us. ♪ usining cloud computing and mobile technology, verizon innovators have developed a projective display for firefighters. allowing them to see through anything. because the world's biggest challenges deserve even bigger solutions. powerful answers. verizon. ♪ ♪ [ male announcer ] from our nation's networks... ♪ ♪ ...to our city streets... ♪ ♪ ...to skies around the world... ♪ ♪ ...northrop grumman's security solutions are invisibly at work, protecting people's lives... [ soldier ] move out! [ male announcer ] ...without their even knowing it. that's the value of performance. northr grumman. >> welcome back. if he would like to move up in your employme
economy stand on its own 2 fe? >> we only he 30 seconds. >> the private sector r is dominick, the district will be hurt by a ock lilining the federal dollars. -- flatlining the federal dollars. >> i wanto talk about tax credits. our number of the week, we will quantify how many washingn businesses are considered the best places to work. stay with us. ♪ usining cloud computing and mobile technology, verizon innovators have developed a projective display for firefighters....
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Jan 16, 2013
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will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting the afghan intelligence agency. officials said two guards were killed when the bomber who blew up his car in front of the country's headquarters -- the interior ministry says security forces shot dead four other attackers. >> in iraq, more than 30 people have been killed in a series of attacks that appear to have targeted kurds. two car bombs exploded. one of them blew up outside a kurdish political party office. a third in a nearby town. >> the two biggest airlines have found their entire fleets of boeing 7873liner -- 787 dreamliners. >> it has been hav
will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting...
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Jan 16, 2013
01/13
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KCSM
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the economy even contracted in the final quarter. the government is poised to cut its own forecast for 2013 to just 0.5%. that is unlikely to have an immediate impact on the jobs market. the unemployment rate is expected to see just a small rise this year. >> for, let's cross over to a frankfurt -- to frankfurt. not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget plans earlier than expected. the new debt load has been lower than expected, and this has been very good news, although the government also lowered its forecast for the economy, but here at the financial markets, people are more or less happy about the fact that the german economy will be able to avoid a recession. >> let's move on to corporate news then. record sales at s.a.p. we heard today. >> very good numbers. surprisingly good numbers coming from the sales side, but the profits went down because s.a.p. had to do some big investments, buying new technol
the economy even contracted in the final quarter. the government is poised to cut its own forecast for 2013 to just 0.5%. that is unlikely to have an immediate impact on the jobs market. the unemployment rate is expected to see just a small rise this year. >> for, let's cross over to a frankfurt -- to frankfurt. not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget...
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Jan 20, 2013
01/13
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FBC
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they say it's keeping the economy down but won't getting rid of it just push the economy down even more? hi, everyone, i'm brenda buttner, this is bulls and bears and let's get right to it. the bulls and bears this week, gary b smith, jonas max ferris and along with todd schoenburger. >> gary get rid of the debt ceiling best or worst thing for the economy? >> it's absolutely the worst thing, brenda. the left likes to say, well, you know, ronald reagan raised the debt limit 18 times, george bush raised it 7 times, bill clinton raised it 8 times. so, you know, both sides do it so it must be okay, and from the perspective of fair and balanced, it has to stop no matter who is president. we go through the same cycle, we raise the debt limit, spend more,en go out and borrow more, and raise the debt limit again and it looks like it's unstoppable, but this is the check and balance of how t govern our society. we can't afford the bills we have now to pay. someone has to say, no, spend what you have and let's move on. >> brenda: you know, it doesn't really mean anything. why not get rid of it. it
they say it's keeping the economy down but won't getting rid of it just push the economy down even more? hi, everyone, i'm brenda buttner, this is bulls and bears and let's get right to it. the bulls and bears this week, gary b smith, jonas max ferris and along with todd schoenburger. >> gary get rid of the debt ceiling best or worst thing for the economy? >> it's absolutely the worst thing, brenda. the left likes to say, well, you know, ronald reagan raised the debt limit 18 times,...
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Jan 19, 2013
01/13
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CNNW
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the president inherits the worst economy since the great depression. billions in bailouts save the auto industry and stabilize wall street. where are the jobs? but the star of this show has his enemies, millions of americans turn to the tea party. their mission? stop this president from making fundamental changes, changes they see permanently damaging the u.s. economy. gridlock follows. and the 112th congress passes the fewest bills in 40 years. but in the end, its congressional approval that plunges, now standing at just 14%. the president insisted on higher taxes for the wealthy. part of his campaign designed to cast mitt romney as out of touch. his victory sealed, this president will have a sequel. >> for the united states of america, the best is yet to come. >> the original was a drama. but what the sequel needs is action. to it craft a legacy, this president must bring lawmakers together. cliff after cliff, short-term thinking and political bickering at every turn. dysfunction is ruling washington. but look beyond that and this economy is poised f
the president inherits the worst economy since the great depression. billions in bailouts save the auto industry and stabilize wall street. where are the jobs? but the star of this show has his enemies, millions of americans turn to the tea party. their mission? stop this president from making fundamental changes, changes they see permanently damaging the u.s. economy. gridlock follows. and the 112th congress passes the fewest bills in 40 years. but in the end, its congressional approval that...
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Jan 19, 2013
01/13
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CSPAN
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it has to be transmitted into the economy. we not only have to in send people to step on the accelerator to create more jobs, that is a matter of writing jobs, the galatians, tax incentives, and so on, but it has to be trusted to the banking system. they are interfering with the effectiveness of the much -- of the economy to water policy. i believe the support is gaining ground. it is not just a question of fairness. it is a question of efficacy. i believe it is beginning to gain ground. [indiscernible] how easy it in a clean fashion? >> that is up to the people on the hill. take that simple language i have, it would take a sixth grader to read it. -- a sixth grader to write it. >> thank you for being us -- thank you for being with us this evening. i would like to give you the opportunity to clarify the proposal that i gathered the dallas fed is going to put on as website mar. i look forward to analyzing and writing about it. the problems you are discussing, i have commonly heard remedies of one falling the glass deal approach
it has to be transmitted into the economy. we not only have to in send people to step on the accelerator to create more jobs, that is a matter of writing jobs, the galatians, tax incentives, and so on, but it has to be trusted to the banking system. they are interfering with the effectiveness of the much -- of the economy to water policy. i believe the support is gaining ground. it is not just a question of fairness. it is a question of efficacy. i believe it is beginning to gain ground....
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Jan 15, 2013
01/13
by
LINKTV
tv
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the economy even contracted in the final quarter. the government is poised to cut its own forecast for 2013 to just 0.5%. that is unlikely to have an immediate impact on the jobs market. the unemployment rate is expected to see just a small rise this year. >> for, let's cross over to a frankfurt -- to frankfurt. not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget plans earlier than expected. the new debt load has been lower than expected, and this has been very good news, although the government also lowered its forecast for the economy, but here at the financial markets, people are more or less happy about the fact that the german economy will be able to avoid a recession. >> let's move on to corporate news then. record sales at s.a.p. we heard today. >> very good numbers. surprisingly good numbers coming from the sales side, but the profits went down because s.a.p. had to do some big investments, buying new technol
the economy even contracted in the final quarter. the government is poised to cut its own forecast for 2013 to just 0.5%. that is unlikely to have an immediate impact on the jobs market. the unemployment rate is expected to see just a small rise this year. >> for, let's cross over to a frankfurt -- to frankfurt. not necessarily the greatest news for those without a job, but there was good news for the german tax man. >> absolutely. the government has been able to reach its budget...
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Jan 16, 2013
01/13
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LINKTV
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will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting the afghan intelligence agency. officials said two guards were killed when the bomber who blew up his car in front of the country's headquarters -- the interior ministry says security forces shot dead four other attackers. >> in iraq, more than 30 people have been killed in a series of attacks that appear to have targeted kurds. two car bombs exploded. one of them blew up outside a kurdish political party office. a third in a nearby town. >> the two biggest airlines have found their entire fleets of boeing 7873liner -- 787 dreamliners. >> it has been hav
will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting...
SFGTV2: San Francisco Government Television
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Jan 18, 2013
01/13
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SFGTV2
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energy and there i think we have taken enormous steps in the direction of a modern sustainable green economy, what we call now distributed generations of people producing and consuming energy. this is happening at an incredible pace in california and i know california like this is and we want to connect with california. some of the events will require the supports of the leaders that are here present, the leaders of the italian american associations. i am very proud to say that all of the leaders of the italian american associations are gathered today, mr. mayor, and senator assembly man and board of supervisors is here to celebrate with us and ramona blackwell who with the committee of the italians abroad and elected body and we will need your support and it's not just top down but bottom up. we're are open to your ideas and suggestions. we want it to a great celebration and people are in charge and in power and they will also run the show. that's our objective. by the way also have guests from outside california and salt lake city -- i don't know where he is because i can't see anything wi
energy and there i think we have taken enormous steps in the direction of a modern sustainable green economy, what we call now distributed generations of people producing and consuming energy. this is happening at an incredible pace in california and i know california like this is and we want to connect with california. some of the events will require the supports of the leaders that are here present, the leaders of the italian american associations. i am very proud to say that all of the...
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Jan 22, 2013
01/13
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KGO
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it's coming up at >>> a new report suggests overdevelopment of farmland could cost local economies. the report by the group american farmland trust says prime farmland is being overrun. it blames inefficient policies. fit continues rorkts said about 500,000 acre of prime land will be lost by 2050. that could cost local economies up to $190 billion. >> we know we're going to lose some of the farmland. cities are in the middle so this becomes important to develop it. not waste this good land. >> report says local governments need to fight to preserve best quality land. >> sacramento about to lose its only major sports franchise. seattle set to restore the team lost. the brothers have agreed to sell their 65% majority ownership to a group planning to move the team to seattle. they would revive the super sonics name and colors. a condition stit insisted on when the franchise moved to oklahoma city. this sale is now awaiting approval. >> san francisco jazz scene is thriving. much of the city has the only jazz music on the west coast. this is a music hall. the center is located near the s
it's coming up at >>> a new report suggests overdevelopment of farmland could cost local economies. the report by the group american farmland trust says prime farmland is being overrun. it blames inefficient policies. fit continues rorkts said about 500,000 acre of prime land will be lost by 2050. that could cost local economies up to $190 billion. >> we know we're going to lose some of the farmland. cities are in the middle so this becomes important to develop it. not waste this...
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Jan 16, 2013
01/13
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CSPAN2
tv
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toying with the global economy. and so, i think it is somewhat -- it seems great to talk about to the ninth, but the closer you get to that class, the less likely it is that you'll find the u.s. over it. the mac for me ask one other in the loco to grind out third start. he told "politico" last week that a balanced approach replacing the sequesters spending cuts and revenue should accelerate tax refund is fully possible this year for work and by person basis. does that square with people estate tax reform is going to because of scheduling. need to do with the limits of kuester and the house republicans concern if they do anything on tax reform, that they may leave themselves open to the senate not taking action and therefore an unpopular vote for no reason. are you optimistic on tax reform? >> first of all, we have to resolve this debt crisis in terms of sequestration and intern says the full faith and credit of the u.s. in the next six weeks. we are going to accomplish tax reform in the next six weeks. so we have a
toying with the global economy. and so, i think it is somewhat -- it seems great to talk about to the ninth, but the closer you get to that class, the less likely it is that you'll find the u.s. over it. the mac for me ask one other in the loco to grind out third start. he told "politico" last week that a balanced approach replacing the sequesters spending cuts and revenue should accelerate tax refund is fully possible this year for work and by person basis. does that square with...
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Jan 19, 2013
01/13
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CSPAN
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i want to see our economy recover. i like to see a stronger labor market, fiscal policy address the issue that i mentioned. -- issues that i mentioned. i think that things are moving in the right direction. i am cautiously optimistic about the next couple of years. >> thank you. [applause] i am sure there are a great many questions that have already been shared with our presenters. let me turn the floor to them. >> i master student -- am a master's student. if treasury had mentored a trillion dollars and platinum coin, with the fed have accepted it -- minted a trillion dollar platinum coin, with the fed have accepted it, and what would it mean going forward? >> i am not going to give that any oxygen. [laughter] the treasury and federal reserve over the weekend -- the treasury issued a statement that the federal reserve approved, stating that we did not think this was the right way to deal with this problem. there are legal issues, policy issues. the right way to deal with this problem is for congress to do what it is s
i want to see our economy recover. i like to see a stronger labor market, fiscal policy address the issue that i mentioned. -- issues that i mentioned. i think that things are moving in the right direction. i am cautiously optimistic about the next couple of years. >> thank you. [applause] i am sure there are a great many questions that have already been shared with our presenters. let me turn the floor to them. >> i master student -- am a master's student. if treasury had mentored...
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Jan 19, 2013
01/13
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CSPAN
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eye 105
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well, this administration's objective will be a healthy, vigorous, growing economy that provides equal opportunities for all americans with no barriers born of bigotry or discrimination. putting america back to work means putting all americans back to work. ending inflation means freeing all americans from the terror of runaway living costs. all must share in the productive work of this new beginning,' and all must share in the bounty of a revived economy. with the idealism and fair play which are the core of our system and our strength, we can have a strong and prosperous america, at peace with itself and the world. so, as we begin, let us take inventory. we are a nation that has a government -- not the other way around. and this makes us special among the nations of the earth. our government has no power except that granted it by the people. it is time to check and reverse the growth of government, which shows signs of having grown beyond the consent of the governed. it is my intention to curb the size and influence of the federal establishment and to demand recognition of the distin
well, this administration's objective will be a healthy, vigorous, growing economy that provides equal opportunities for all americans with no barriers born of bigotry or discrimination. putting america back to work means putting all americans back to work. ending inflation means freeing all americans from the terror of runaway living costs. all must share in the productive work of this new beginning,' and all must share in the bounty of a revived economy. with the idealism and fair play which...
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Jan 18, 2013
01/13
by
CSPAN2
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eye 81
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and the thing that hung over the economy at that time was inflation. we just couldn't seem to deal with the inflation problem. so we had a deep recession in '7 4-'75. we had another recession in 1980, we had another recession in 1981-'82, so a double dip recession. and then finally, paul volcker who was chairman of the federal reserve and his colleagues decided to whack the economy over the head really hard and take the inflation out of the system, and finally it did, although it took a while. it wasn't really until the fall in oil prices in '86, but we really got rid of the inflation demon and, i think in some ways, laid the groundwork for the period following that in the 1990s when we had strong productivity growth, we had strong markets really starting in the mid 1980s. so the analogy in my mind is we have this deficit that's now hanging over us, um, and for some of the same reasons it's a really hard problem to solve. it lacks a federal reserve, so we don't have the equivalent of an actor like paul volcker who can come in and say, okay, we're going
and the thing that hung over the economy at that time was inflation. we just couldn't seem to deal with the inflation problem. so we had a deep recession in '7 4-'75. we had another recession in 1980, we had another recession in 1981-'82, so a double dip recession. and then finally, paul volcker who was chairman of the federal reserve and his colleagues decided to whack the economy over the head really hard and take the inflation out of the system, and finally it did, although it took a while....
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Jan 21, 2013
01/13
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CSPAN2
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eye 257
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economy is growing slower than many other economies, and not all the money and attention is here anymore. so we want those international people to come in plus they spend money here while they're here which is good for us. plus, why should our companies have to go aprod when the buyers can come here? so it's a win/win, and the commerce department does a terrific job in working with us as does the las vegas officials here. the ces, though, we've crossed from consumer electronics, there's much more than that here. we're getting the cios the heads of marketing and technology people from virtually every major company in the united states and certainly the world. it's not only wall street that's coming the financial company it's madison avenue, the marketing people it's the car companies. eight of the ten largest car companies are here. we're virtually getting everyone here from around the world involved in information and technology, and that's really important i think for our show it's important for our industry and our country. >> host: is this the largest trade show in the world? >> guest
economy is growing slower than many other economies, and not all the money and attention is here anymore. so we want those international people to come in plus they spend money here while they're here which is good for us. plus, why should our companies have to go aprod when the buyers can come here? so it's a win/win, and the commerce department does a terrific job in working with us as does the las vegas officials here. the ces, though, we've crossed from consumer electronics, there's much...
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without actual investment in the economy itself we're not going to see economic growth so just jim let's talk about this piggybacking off of what anthony is saying one of president obama's approach is to fix the economy that's kind of the trickle down economics so we're seeing this huge growth in profits on top on the part of corporations is it trickling down and if it's not why not so you mentioned caterpillar had a record profits and what wasn't mentioned is that caterpillar also instituted wage freezes for a lot of its blue collar workers so even though they're making record profits it doesn't necessarily trickle down now there is there are expectations that there might be more hiring in the future so that still has yet to play out we don't know what this will look like and so. it might not it might be a positive thing in the future but we still have yet to see it play out that if companies don't hold on to their money as reserves that means that they need to be investing in the economy and hiring more workers and you brought up the. the i'm sorry you brought up that that the points a
without actual investment in the economy itself we're not going to see economic growth so just jim let's talk about this piggybacking off of what anthony is saying one of president obama's approach is to fix the economy that's kind of the trickle down economics so we're seeing this huge growth in profits on top on the part of corporations is it trickling down and if it's not why not so you mentioned caterpillar had a record profits and what wasn't mentioned is that caterpillar also instituted...